BEYST: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
BEYST
Largest movements
- Tangible fixed assets -€934,048
down €934,048 (-73.3%), from €1.3m to €340,760
of which Land and buildings: -€946,936
- Stocks and contracts -€121,977
down €121,977 (-39.7%), from €307,440 to €185,463
- Receivables within one year -€114,815
down €114,815 (-42.7%), from €269,148 to €154,334
of which Trade receivables: -€116,133
- Deferred charges and accrued income -€20,342
down €20,342 (-81.0%), from €25,106 to €4,764
- Debts after one year -€1.0m
down €1.0m (-100.0%), from €1.0m to €0
- Profit (loss) carried forward +€289,528
up €289,528 (+66.9%), from -€432,998 to -€143,470
- Tax, wage and social debts -€219,465
down €219,465 (-63.0%), from €348,457 to €128,992
of which Remuneration and social security: -€129,351
- Trade debts -€203,579
down €203,579 (-80.2%), from €253,786 to €50,207
- Accrued charges and deferred income -€54,337
down €54,337 (-69.9%), from €77,728 to €23,391
- Gross operating margin +€375,234
up €375,234 (+72.4%), from €518,093 to €893,327
- Staff costs -€266,646
down €266,646 (-45.2%), from €590,095 to €323,449
- Write-downs +€102,470
new in 2025: €102,470
- Depreciation -€59,805
down €59,805 (-65.6%), from €91,193 to €31,388
- Financial charges +€37,148
up €37,148 (+38.3%), from €96,899 to €134,047
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,890,028 | €689,705 | -€1.2m | -63.5% |
| Fixed assets | 21/28 | €1,274,807 | €340,760 | -€934,048 | -73.3% |
| Tangible fixed assets | 22/27 | €1,274,807 | €340,760 | -€934,048 | -73.3% |
| Land and buildings | 22 | €1,239,510 | €292,574 | -€946,936 | -76.4% |
| Plant, machinery and equipment | 23 | €20,848 | €18,385 | -€2,463 | -11.8% |
| Furniture and vehicles | 24 | €11,749 | €27,400 | +€15,651 | +133.2% |
| Other tangible fixed assets | 26 | €2,700 | €2,400 | -€300 | -11.1% |
| Current assets | 29/58 | €615,221 | €348,946 | -€266,275 | -43.3% |
| Stocks and contracts in progress | 3 | €307,440 | €185,463 | -€121,977 | -39.7% |
| Stocks | 30/36 | €307,440 | €185,463 | -€121,977 | -39.7% |
| Amounts receivable within one year | 40/41 | €269,148 | €154,334 | -€114,815 | -42.7% |
| Trade receivables | 40 | €253,723 | €137,590 | -€116,133 | -45.8% |
| Other amounts receivable | 41 | €15,426 | €16,744 | +€1,318 | +8.5% |
| Cash at bank and in hand | 54/58 | €13,527 | €4,385 | -€9,142 | -67.6% |
| Deferred charges and accrued income | 490/1 | €25,106 | €4,764 | -€20,342 | -81.0% |
| Total equity and liabilities | 10/49 | €1,890,028 | €689,705 | -€1.2m | -63.5% |
| Equity | 10/15 | €131,324 | €420,852 | +€289,528 | +220.5% |
| Contributions | 10/11 | €57,100 | €57,100 | = | 0.0% |
| Reserves | 13 | €507,222 | €507,222 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,710 | €5,710 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,710 | €5,710 | = | 0.0% |
| Tax-exempt reserves | 132 | €50,412 | €50,412 | = | 0.0% |
| Distributable reserves | 133 | €451,100 | €451,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€432,998 | -€143,470 | +€289,528 | +66.9% |
| Amounts payable | 17/49 | €1,758,704 | €268,853 | -€1.5m | -84.7% |
| Amounts payable after more than one year | 17 | €1,009,963 | €0 | -€1.0m | -100.0% |
| Financial debts | 170/4 | €1,009,963 | €0 | -€1.0m | -100.0% |
| Amounts payable within one year | 42/48 | €671,013 | €245,462 | -€425,552 | -63.4% |
| Current portion of amounts payable after more than one year | 42 | €52,203 | €0 | -€52,203 | -100.0% |
| Trade debts | 44 | €253,786 | €50,207 | -€203,579 | -80.2% |
| Suppliers | 440/4 | €253,786 | €50,207 | -€203,579 | -80.2% |
| Advances received on contracts in progress | 46 | €127 | €0 | -€127 | -100.0% |
| Taxes, remuneration and social security | 45 | €348,457 | €128,992 | -€219,465 | -63.0% |
| Taxes | 450/3 | €104,049 | €13,935 | -€90,114 | -86.6% |
| Remuneration and social security | 454/9 | €244,409 | €115,057 | -€129,351 | -52.9% |
| Other amounts payable | 47/48 | €16,440 | €66,262 | +€49,822 | +303.1% |
| Accrued charges and deferred income | 492/3 | €77,728 | €23,391 | -€54,337 | -69.9% |
| Remuneration, social security and pensions | 62 | €590,095 | €323,449 | -€266,646 | -45.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,193 | €31,388 | -€59,805 | -65.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €102,470 | +€102,470 | |
| Other operating charges | 640/8 | €13,081 | €12,868 | -€213 | -1.6% |
| Gross operating margin | 9900 | €518,093 | €893,327 | +€375,234 | +72.4% |
| Operating profit (loss) | 9901 | -€176,276 | €423,152 | +€599,428 | |
| Financial income | 75/76B | €207 | €951 | +€744 | +358.9% |
| Recurring financial income | 75 | €207 | €951 | +€744 | +358.9% |
| Financial charges | 65/66B | €96,899 | €134,047 | +€37,148 | +38.3% |
| Recurring financial charges | 65 | €96,899 | €134,047 | +€37,148 | +38.3% |
| Profit (loss) for the period before taxes | 9903 | -€272,967 | €290,056 | +€563,023 | |
| Income taxes | 67/77 | €513 | €528 | +€14 | +2.8% |
| Profit (loss) for the period | 9904 | -€273,480 | €289,528 | +€563,009 | |
| Profit (loss) for the period to be appropriated | 9905 | -€273,480 | €289,528 | +€563,009 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.